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Joys of Eviction
The Free Market ^ | April 2001 | Jeremy Sepienza

Posted on 01/31/2004 7:10:45 PM PST by GeronL

The Joys of Eviction
Jeremy Sapienza

I may not make a ton of money doing what I do, but it sure is fun.

I go into my office seven days a week most weeks, and I haven't had a vacation in two years. But the environment I work in, surrounded by my friends, all recruited to our small real estate management company through the most stringent system of nepotism, makes it seem like one long hang-out session.

Of the 60 average hours I spend in my office, 10 of those are actual work. My income has been steadily increasing, for the same amount of work, so I don't complain about having to live off commission only.

But there is one thing that makes it all worthwhile, that brings out my animal instincts and mixes them with my sense of economic justice.

It happened a few days ago, and we all stood around, waiting for the event we had been anxiously talking about and hoping for for months. We paced around the wet grass of the courtyard of one of our buildings, talking, laughing, joking, and then the big men came, with the sheriff in tow.

What could make us rush to a building at eight o' clock in the morning on Monday? Eviction!

This freeloader who had been living rent-free for five months was getting all his stuff thrown into boxes and, along with all his furniture, dragged out to the sidewalk, where, legally, we had to leave it for 24 hours before anyone could haul it away.

Unfortunately for the tenant, he wasn't home to take care of his belongings, and the neighborhood picked him clean in less than an hour. It was sweet revenge for us and the landlord, who loses too much money on the building as it is and didn't need a squatter in a corner unit.

About noon that same day, the former tenant came to our office asking for his things. And it was beautiful! My buddy, the property manager said, innocently, "It should all still be on the sidewalk there. Legally, we have to leave it there."

Then he gave the best "I feel your pain" smile he could. The freeloader looked at him and said, "There's a God up there, you know." The manager called after the guy as he left, "That's right, so you better be afraid!"

The only part of the whole eviction that was disappointing was that the neighbors took all the stuff before we legally could. I could have used the big wooden table he had. What a shame.

I know some lefty professional sympathizer will ask me why I get such pleasure out of witnessing the misfortune of someone who is so obviously poor. I will reply:

"I forgot to tell you about the thousands of dollars of clothes and the big-screen television that he had. He went out to clubs every night. He bought clothes and drugs rather than paying the rent that he agreed to pay when he moved in. He made fun of us when we posted the eviction notice. And he had roommates paying him rent to sublet a room in his apartment, which goes against the lease agreement he signed with us. He not only deserved to be kicked out, but also to have his stuff stolen by the neighborhood."

I have no shame in reveling in the misfortune of bad people.


When he is not evicting, JeremySapienza organizes the Worldwide Capitalism Web and writes for www.LewRockwell.com.


TOPICS: Business/Economy; Humor; Society
KEYWORDS: deadbeat; funofeviction; housing
The Free Market archives

its a motherlode of good and interesting articles on economics

1 posted on 01/31/2004 7:10:49 PM PST by GeronL
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To: dmzTahoe
another goody from mises.org
2 posted on 01/31/2004 7:12:50 PM PST by GeronL (www.ArmorforCongress.com ............... Support a FReeper for Congress)
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To: GeronL
I get enough schadenfreude from FR.
3 posted on 01/31/2004 7:14:54 PM PST by cyborg
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To: GeronL
I don't like this article, because the facts about the bad tenant aren't up in the first few pars.

Somebody breezing by a site, and reading this, may not read the whole thing. Makes the author seem very inhuman.

Bad journalism, IMO.
4 posted on 01/31/2004 7:55:28 PM PST by Happygal (Le gách dea ghuí)
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To: Happygal
well, its not journalism. I think that any reasonable knows that evicting deadbeats is common and they rarely evict people who pay the rent.
5 posted on 01/31/2004 7:58:15 PM PST by GeronL (www.ArmorforCongress.com ............... Support a FReeper for Congress)
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To: GeronL
Well, I didn't know.

But then again, I'm not from the US.
I don't know what your tenant/landlord laws are, exactly.

I am a journalist though, and the piece is written in a sensational manner...one, which, most conservatives, wouldn't appreciate IMO.
6 posted on 01/31/2004 8:02:00 PM PST by Happygal (Le gách dea ghuí)
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To: Happygal
Judging by the title I'd say he was aiming for humor... and he works in the real estate business, so writing must be a second income
7 posted on 01/31/2004 8:07:42 PM PST by GeronL (www.ArmorforCongress.com ............... Support a FReeper for Congress)
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To: GeronL
I'm not really trying to be argumentative here.

I just don't think the piece is very good.
The big 'A-ha, but you didn't know this' revelation at the end is...well, corny (if he's going for humour).


Anyway, that's just my opinion on it.

I'm sure others thought/think it was great?
8 posted on 01/31/2004 8:14:28 PM PST by Happygal (Le gách dea ghuí)
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To: Happygal
Its not really up to the standards over at FREE MARKET newsletter

They probably just considered it an episode that will help explain the free market system. The crook got what he deserved.

Their other articles are actually scholarly in some respects and more detailed on the economics of it

what type of journalism do you do?

9 posted on 01/31/2004 8:20:32 PM PST by GeronL (www.ArmorforCongress.com ............... Support a FReeper for Congress)
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To: GeronL
No doubt the wee git got his comeuppance..should have said that at the get-go, though, IMO.

I'm a senior reporter/columnist with the biggest provincial group in the Republic of Ireland.

That means, I write once monthly opinion columns, while covering the hard news in the region.
10 posted on 01/31/2004 8:30:12 PM PST by Happygal (Le gách dea ghuí)
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To: Happygal
I understand tax cuts did wonders for Ireland and it even stopped the net loss of population every year. Too bad the Euro-peons didn't learn a lesson.
11 posted on 01/31/2004 8:37:19 PM PST by GeronL (www.ArmorforCongress.com ............... Support a FReeper for Congress)
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To: GeronL
I don't know whether this nonsense is a hoax or not, but it provides a contextual venue for a reminder of the following truth: economics is meant to serve people.

to wit: the production and distribution of goods and services (an economic system) serves the purpose of getting those goods and services to the point of need or demand. Profit is what is earned in the process. Notice that profit is secondary, meeting the need is primary.

12 posted on 01/31/2004 8:45:38 PM PST by the invisib1e hand (do not remove this tag under penalty of law.)
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To: the invisib1e hand
profit is the motive for the service, its also what makes the delivery of the service more efficient and more widely available.
13 posted on 01/31/2004 8:47:15 PM PST by GeronL (www.ArmorforCongress.com ............... Support a FReeper for Congress)
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To: GeronL
profit is the motive for the service, its also what makes the delivery of the service more efficient and more widely available.

can't argue with that. profit is what entices people to meet the needs of others.

14 posted on 01/31/2004 8:48:29 PM PST by the invisib1e hand (do not remove this tag under penalty of law.)
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To: the invisib1e hand
I agree with Mises that basically anything done by government can be done more efficiently and more effectively by private enterprise... except possibly wage a military war on another country I suppose.
15 posted on 01/31/2004 8:50:01 PM PST by GeronL (www.ArmorforCongress.com ............... Support a FReeper for Congress)
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To: GeronL
There is more to that argument than 'efficiency.' There is also the issue of propriety and/or duty.

Some things are the moral responsibility of government. Protection of basic liberty and property rights, for example. Protecting the innocent, etc. Protecting the rights of people to protect themselves might be an interesting point just about now.

16 posted on 01/31/2004 8:55:51 PM PST by the invisib1e hand (do not remove this tag under penalty of law.)
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To: the invisib1e hand
'the invisible hand'... didn't a french guy come up with that? Bastiat or something?

I agree with you... but even the civil courts can be privatized (binding arbitration) and we definitely need to stop forcing people onto juries... the jury becomes involuntary servants while innocent but the accused is innocent until proven guilty.

And of course, if we had a small Constitutional government there will be many more positions open for private security personnel, at better pay. That will help cut down on crime and allow us to maybe trim off a few cops from the payrolls in the big cities.

of course that one is a ways off even if we do get a flat tax and small government...

People may have to learn capitalism all over again.

17 posted on 01/31/2004 9:00:59 PM PST by GeronL (www.ArmorforCongress.com ............... Support a FReeper for Congress)
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To: GeronL
I don't know if I made it clear but I think that regaling in an eviction is pretty dismal business.

and you're kidding about the 'invisible hand' question, right? Please tell me you are. This whole thread is a big joke right? It is, isn't it?

18 posted on 01/31/2004 9:06:53 PM PST by the invisib1e hand (do not remove this tag under penalty of law.)
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To: the invisib1e hand
No... this article appeared in the FREE MARKET newsletter in April 2001

Its just an example of how things are supposed to work in a free market system... granted its probably the worst written article they ever published....

Why would my question be a joke?

19 posted on 01/31/2004 9:11:03 PM PST by GeronL (www.ArmorforCongress.com ............... Support a FReeper for Congress)
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To: GeronL
Its just an example of how things are supposed to work in a free market system... granted its probably the worst written article they ever published....

well, maybe in Rand's free market system...but probably not in Adam Smith's free market system.

Adam Smith is the first person I read who used the term 'invisible hand.'

20 posted on 01/31/2004 9:16:43 PM PST by the invisib1e hand (do not remove this tag under penalty of law.)
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To: the invisib1e hand
Adam Smith believed in not evicting those who didn't pay rent? was he a communist... just kidding =o)

This came from the Mises.org website BTW

21 posted on 01/31/2004 9:19:25 PM PST by GeronL (www.ArmorforCongress.com ............... Support a FReeper for Congress)
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To: GeronL
Adam Smith believed in not evicting those who didn't pay rent?

I didn't say that. In fact, I didn't say anything about not evicting someone who doesn't pay rent. Please reread my post.

Making a sport out of evicting someone is right up there with laughing at the blind man who walks off a bridge.

22 posted on 01/31/2004 9:30:03 PM PST by the invisib1e hand (do not remove this tag under penalty of law.)
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To: GeronL
except possibly wage a military war on another country...

a phenomenon well-noted by many large businesses: the formation of "profit centers" and "cost centers". The workers in the cost centers are still paid well, to perform a service for the profit centers, but are valued by other means than their direct revenue brought to the bottom line.

23 posted on 02/01/2004 1:57:37 AM PST by C210N
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To: GeronL
Unfortunately for the tenant, he wasn't home to take care of his belongings, and the neighborhood picked him clean in less than an hour.

In 20 years of property management, we have done 2 set outs. In one of the evictions, the guy had really nice stuff and nearly everything was gone as soon as we set it out. He didn't come back to ask about his things because he was in jail.

The second one, these people were experts at being evicted. They sat there and watched while our employees carried all there belongs out. When someone came by with a truck, they loaded their possessions in his truck and paid him to move their items to another apartment complex up the road. They didn't realize he was the property owners' son. He moved their things, called me and told me where they moved. I called the manager before they could sign the lease on their new apartment. She refused to let them move in.

24 posted on 02/01/2004 7:44:29 AM PST by muggs
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To: Happygal
Having been a landlord and in the position of dealing with such parasites, I am happy to read this article. We consider ourselves lucky if the tenant doesn't destroy the property before leaving. I take great second hand pleasure in this author's account of the eviction. He is lucky to have that recourse. More power to him.

The laws in Chicago are skewed against the landlord, the property owner, yet the landlord is the one who is gouged with property taxes. We get screwed twice by the freeloader - by the actual loss of income from them occupying a unit in the building and from the government's confiscatory tax system.

You, being from Ireland, should be very familiar with confiscatory taxes.

25 posted on 02/01/2004 10:56:50 AM PST by Rollee (Our country is not the doormat nor the ATM of the world!)
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To: C210N
right. what you just said. =o)
26 posted on 02/02/2004 7:10:59 AM PST by GeronL (www.ArmorforCongress.com ............... Support a FReeper for Congress)
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To: muggs
I know people like that.. I guess I should be ashamed
27 posted on 02/02/2004 7:12:18 AM PST by GeronL (www.ArmorforCongress.com ............... Support a FReeper for Congress)
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